Wednesday, 23 July 2008

VMware Reports “Solid” Second-Quarter

VMware, has reported international revenues of 216 million dollars for its second quarter in 2008, a 68% increase from the same quarter last year, driven by strengths in Europe and Australia.

The virtualization solutions provider also noticed a growth in its software license revenue, up 39% to 284 million dollars from second quarter of 2007.

“VMware had another solid quarter, proving that the quality of our products and the immediate return on investment that they yield is delivering high value to customers,” said Paul Maritz, president and chief executive officer of VMware.

“Our mission is to help customers run datacenters that use powerful, cost-effective, modern hardware to deliver dramatically higher levels of flexibility, manageability and efficiency. Today, much of our growth comes from customers expanding from basic server consolidation, yet increasingly more customers are seeking to virtualize their entire datacenter and desktop environments with VMware Infrastructure.

“We are also on the threshold of a major new opportunity – as customers begin to leverage VMware as both the on-ramp to the Cloud and for key elements of the Cloud itself. We are well-positioned to become a truly strategic platform for businesses of all sizes,” added Martiz.